New Businesses: Women
(asked on 31st October 2024) - View Source
Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, what steps he is taking to increase investment in women-led start up technology businesses.
Answered by
Feryal Clark
Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)
This Government is committed to strengthening diversity in the tech sector, including supporting female-led start-ups, and has made breaking down barriers to opportunity one of our five national missions.
Programmes like DSIT’s £12m Digital Growth Grant and Innovate UK’s Women in Innovation Awards are supporting female-led businesses through grants and wider business support.
In September, the Chancellor announced Government support for the Invest in Women Taskforce. The Taskforce aims to establish a funding pool of more than £250 million for female-founded businesses through private capital, making it one of the world’s largest investment funding pools aimed solely at female founders.